AREA REPORTS

Green Point

 

 

NSW/
Green point

Suburb Profile

Green Point - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2251

house
unit

Property investors enjoyed capital gains of 0.84% over the last 12 months in GREEN POINT, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in GREEN POINT are low, as opposed to average gains per annum over the past five years.

The suburb posted a 23.25% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $577.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $577.5 mark, reflecting a 3.87% increase in returns based on the current median price in GREEN POINT.

GREEN POINT, 2251 ranks 682nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 438th on the list of best yielding suburbs for rental properties in NSW, posting a 3.87% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $776,500 $595,000
GROWTH REPORT
Median Quarterly -0.45% 0.85%
Median 12 month 0.84% 4.75%
Median 3 years 23.25% 54.55%
Median 5 years 58.47% 65.28%
10 years average annual 6.17% 8.28%
Weekly media advert. rent $577.5 $425
Time on Market 40.4 days 0.0 days
Gross Rental Yield Percent 3.87% 3.71%
demographics (median values)
Total Population
6459
Weekly Household Income
980.1
Household Size
2.50
demographics
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